Jesus Te Ama Group

The “Jesús te Ama” (Jesus Loves You) communal bank will start its second cycle in Pro Mujer as part of the Senkata Focal Center. It has nine members and they have a governing board headed by Verónica. The members of the communal bank carry out a variety of businesses. Among them we have: neighborhood store, call center, carpentry shop, salchipapas [fried potatoes with fried sausage] sales, detergent and diaper sales, weaving, potato and dehydrated potato sales, athletic shoe sales and plaster crafts.

Verónica indicates that she’s been part of a communal bank for ten months and that she currently has a food business that she’s had for years. The loan this cycle is to expand her merchandise (purchase of a Broaster) that she’ll buy at the La Paz street markets and then install in her sales point. This way of working allows her to support her family since she has a spouse and three children. When asked what she likes about Pro Mujer, she answers that she likes the health training and the credit.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.